It would be perhaps the first venture capital fund to tell founders they should raise less
A someday VC fund backing fiscally conservative founders. Also, of course it was available.pic.twitter.com/waMCoBZdkC
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I'm generally in the 'raise more, spend less' camp.
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There’s probably a big opportunity in “vulture capitalism” of failing startups with some reasonably good assets. Have to be willing to be hated.
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Happy to syndicate with Unpredictable Ventures.
@sarthakgh what’s our timeline for formation -
It is when a critical mass of VCs start commenting on deficit spending on twitter
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Love the name, love the concept, but hard to sell to LPs who want fast growth unicorns on a 5-7 year schedule (taps I-watch) with standard docs. The arithmetic is different and could take a decade to prove the IRR works.
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